Have you noticed the exponential speed with which our world is developing?! Every day new technologies and hundreds of other effective tools are created to improve the quality of everyday life. Take, for example, the advent of blockchain technology. The whole world is now buzzing, processing its capabilities and applications in various spheres of our life.
About the project NUpay
Today we will talk about the Korean project, which is called - NUPay. Its mission is to become a dependable assist for all customers and entrepreneurs whose relationships will be based on the security, transparency and reliability of the blockchain network. Moreover, NUPay intends to actively cooperate with each on-line and offline stores in order to make certain maximum contact with all customers and entrepreneurs, no longer constrained to any one direction.
Despite the huge growth of on-line stores, most of the purchases still account for offline stores. That is why the developers of NUPay do no longer desire to restrict their customers in their choice, so for the further growth of the platform, the developers have prepared a giant community of accomplice stores.
Thus, we can safely say that NUPay will show up earlier than Korean customers and entrepreneurs in the structure of a easy however very high quality charge system, the place every body will be able to admire not solely the service provided, but also the pace of payment processing, their safety, and availability in the General population.
ADVANTAGES OF NUPay PLATFORM
NUPay is a platform which seeks to harness the efficacy of the retail market by way of connecting merchants, stores and users together by using an infrastructure which will both motivate the utilization of cryptocurrency fee preferences and serve as a profit-sharing venue for all pall participants worried in transactions. Adoption of cryptocurrency is growing even with the decline of the market valuation, companies and governments of the world are gradually enforcing blockchain infrastructure or using the forex to improve charge performance. NUPay seeks to serve as that plenty wanted one-stop monetary answer that will now not just offer cryptocurrency fee but also create an convenient gateway to spend diverse price choices namely: gift cards, vouchers, reward points e.t.c for price for items and services across numerous on-line and offline outlets by each direct and oblique partnership.
NUpay payments using Tokens
The NUPay Payment platform is designed to facilitate the use of cryptocurrencies such as the native foreign money TPCT, BTC, ETH, and XRP as properly fiat currency, reward factors and gift playing cards for repayments in both on-line and offline outlets. The platform is additionally designed to encourage interaction between retailers and users, enhance outreach and reputation of merchants via consumer administration services. Merchants and corporations on the platform can accept payment from customers (customers) in cryptocurrency or different price preferences and get it transformed into fiat currency seamlessly. Users are not left out; a 2% reward of the quantity spent (regardless of the price alternative selected) on the platform is given lower back to Users of the platform in the form of TPCT token.
TPCT serves as the gas of the NUPay platform and it beneficial properties utility as a ability of payment for goods and services with minimal transaction charge and easy transition into fiat currency, immediately cashback/reward for the usage of retail services on the platform and finally a requirement to use NUPay Services. Unlike other Cryptopayment platforms, NUPay has secured numerous partnerships for its platform and this will ensure the usability and demand for TPCT. TPCT will firstly be issued as an erc-20 token with a most provide of 2.5 billion devices for the cause of the preliminary coin providing (ICO) then later swapped for its equal on the NUPay blockchain. The Initial coin offering is presently ongoing and scheduled to cease with a public sale slated to begin on the 4th of March 2019 and cease on the thirty first of May 2019. The Public Sale charge is pegged at 25000 TPCT for 1 ETH though different cryptocurrencies such as bitcoin and ripple will also be accepted.
This undertaking represents a new algorithm of interplay of the Korean user with all existing retail outlets and enterprises, permitting to use modern applied sciences not solely for the benefit, but also with fantastic pleasure. After all, NUPay excludes any fraudulent actions, all payment transactions are carried out rapidly and with minimal fees, which skill that it will be a pleasure to use the inner token and other spinoff cryptocurrencies.
Conclusion
NUPay is a first-rate initiative that can greatly make bigger the utilization of cryptocurrency as a capability of fee worldwide due to the broad spectrum of business outlets, merchants and partnership the platform already boast of and is geared up to associate inside the nearest future in order to supply one of a sort finance/ commercial service for all stage of users inside the ecosystem. NUPay will sincerely be a identify to reckon with in the E-commerce industry in the nearest future.
Official resources of the NUPay project:
Bitcointalk Profile: Dodi_Gejul
